Energy

(asked on 19th June 2014) - View Source

Question

To ask the Secretary of State for Energy and Climate Change, whether he expects independent low carbon generators to have secured conditional power purchase agreements prior to bidding in the Contract for Difference auction in October 2014.


Answered by
Michael Fallon Portrait
Michael Fallon
This question was answered on 25th June 2014

We anticipate that some generators will seek to establish the terms of any PPA and financing arrangements before they participate in the CfD allocation round, in order to understand better their likely costs. Such conditional PPAs could take a number of forms, from indicative terms to a signed contract.

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